Podcastnewshubb
Advertisement Banner
  • Home
  • Marketing Podcasts
  • Crypto Podcasts
  • Contact
No Result
View All Result
  • Home
  • Marketing Podcasts
  • Crypto Podcasts
  • Contact
No Result
View All Result
Podcastnewshubb
No Result
View All Result
Home Crypto Podcasts

Chaos in the Bond Market with Greg Foss & Lawrence Lepard — What Bitcoin Did

admin by admin
February 4, 2023
in Crypto Podcasts


Location: Remote
Date: Wednesday 12th January
Company: Validus Power Corp; Equity Management Associates
Role: Bitcoin Strategist; Investment Manager

For an extended period of time, a working career for many, the economic system has been going in one direction: interest rates have been declining, whilst bonds have been on an extended bull market. Since the economic chaos of the 1970s, a globalizing world has been aligning around a reasonably stable and predictable financial paradigm.

That all changed in 2007 when the global financial crisis turned traditional financial markets upside down. The crisis normalised extraordinary measures like open market operations and quantitative easing.

Little did we know that the turmoil of the global financial crisis was setting the stage for even more anomalous actions by central banks. In response to the pandemic, the US treasury in 2020 increased the money supply by 20%. This stimulus was mirrored by governments across the world. 

In a collective state of denial, the world’s leaders all seem to have believed that this sudden massive injection of money will not have a systemic impact on world economies. The velocity of money would keep pace, that deflationary pressures would balance out, or that these massive sums of new money somehow wouldn’t seep into the ‘real’ economy.

Herbert Stein was an American economist, who amongst other things was chairman of the Council of Economic Advisers under Richard Nixon and Gerald Ford. In 1986 he presented Stein’s Law: “If something cannot go on forever, it will stop.” Unprecedented activity on the bond markets last week suggest that the can being kicked has run out of road; the state of denial may be over.

In this interview, I talk to Bitcoin Strategist Greg Foss and Investment Manager Lawrence Lepard about last week’s extraordinary activity in the bond markets. We discuss the convergence of economic constraints boxing in the Fed, the pretence of bond value, contagion risks, and using Bitcoin for capital protection at the individual and national level.



Source link

Previous Post

The Truth About Nuclear Energy with Anthony Jared — What Bitcoin Did

Next Post

The Broken Political System with Morgan Harper — What Bitcoin Did

Next Post

The Broken Political System with Morgan Harper — What Bitcoin Did

Recommended

The Economics of Privacy with Max Hillebrand — What Bitcoin Did

5 days ago

The Power of Decentralisation with Adam Curry — What Bitcoin Did

4 months ago

Building a Bitcoin Community with Thomas Pacchia — What Bitcoin Did

3 weeks ago

2023 Bitcoin & Macro Outlook with Lyn Alden — What Bitcoin Did

3 months ago

Bitcoin Privacy with Matt Odell — What Bitcoin Did

6 months ago

Bitcoin & Personal Proof of Work with Sean Culkin — What Bitcoin Did

2 months ago
Podcast-(-White-) (1)

© Podcast News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • Marketing Podcasts
  • Crypto Podcasts
  • Contact

Newsletter Sign Up.

No Result
View All Result
  • Home
  • Marketing Podcasts
  • Crypto Podcasts
  • Contact

© 2022 Podcast News Hubb All rights reserved.